Quotation Rabong, Gregor, Radakovics, Stefan. 2020. The uniform co-operative value core – Evidence from Austria. Journal of Co-operative Organization and Management. 8 (2)




Co-operative enterprises differ from other organizations since their values are influenced by historical co-operative principles set out by their pioneers, which leads to the establishment of a uniform value core across co-operatives that operate in different sectors. Despite their dense constitutive roots, co-operatives adapt to their environment as a means to survive and thrive, which influences their appearance vis-á-vis members and customers. Until now, an empirical comparison of co-operatives across sectors remained unexplored despite various sources that suggest that a uniform co-operative identity for co-operatives of different industries may exist. This article fills this gap by uncovering parallels and deviations in the perception of values of credit co-operatives, housing co-operatives as well as a mixed general group of co-operatives. To this end, a principal component analysis (PCA) is applied to condense the set of values of the co-operative industries to underlying factors. The findings uncover that the perception of co-operatives of different sectors can be reduced to congruent value cores, which for each sector comprise the subsequent three components: “responsible business conduct”, “regionality and tradition” and “economic soundness”. Furthermore, Austrian co-operatives differentiate themselves from other legal forms with regard to a number of characteristics that belong to these components.


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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Journal of Co-operative Organization and Management
Language English
Title The uniform co-operative value core – Evidence from Austria
Volume 8
Number 2
Year 2020
Reviewed? Y
URL https://www.sciencedirect.com/science/article/pii/S2213297X20301270?via%3Dihub
DOI https://doi.org/10.1016/j.jcom.2020.100118
Open Access N


Rabong, Gregor (Details)
Radakovics, Stefan (Forschungsinstitut für Kooperationen und Genossenschaften, Austria)
Institute for Small Business Management and Entrepreneurship IN (Details)
Research Institute for Cooperation and Cooperatives FI (Details)
Research areas (ÖSTAT Classification 'Statistik Austria')
5300 Economics (Details)
5313 Cooperative systems (Details)
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